Growth and Resilience Dialogue 15/02/2018

Small states, in particular, need to be resilient

• The international donor community, in supporting the economic development of SIDS, should take cognizance of these states’ high degree of economic vulnerability and assign major importance to reinforcing resilience building, so as to enable these states to strengthen their ability to withstand and cope with economic shocks. • All countries face external economic shocks and therefore need to be economically resilient, but, as argued above, SIDS are disproportional exposed to such shocks, and therefore economic-resilience building is especially important for these states.

8. Implications of the V&R framework and Concluding remarks